So You’re Thinking Of Choosing A Document Preparation Vendor?
REQUIRED READING: Prior to the 2008 economic crash, the selection process for a document preparation vendor was not the most complex challenge. But...
A New Due Diligence Dilemma
REQUIRED READING: While the mortgage lending market works its way through current economic challenges, lenders face rapidly changing and more complex governmental regulatory...
Taking A New Look At Compliance Risk Management
REQUIRED READING: Compliance within the financial services industry impacts the entire organization. Comprehensive compliance risk management strategies are required to meet compliance obligations...
Mission Difficult, Not Impossible: Stabilizing Property Values
REQUIRED READING: Servicers have a long list of concerns on their minds these days: upholding portfolio quality, reducing operating costs, gaining efficiencies, mitigating...
How To Preserve A Property Following A Foreclosure
REQUIRED READING: Every foreclosure represents a significant property preservation challenge. Servicing professionals and property preservation experts understand that while a foreclosure might feel...
What Does The Future Hold For The Federal Home Loan Banks?
REQUIRED READING: In today's environment, thinking about the future of the Federal Home Loan Banks (FHLBanks) and their role in housing finance is...
Opportunities Expand For E-Signatures
REQUIRED READING: For years, the paperless mortgage has stood as the holy grail of all mortgage technology efforts. There have been sufficient reasons...
Homeownership Is Still Elusive For Too Many Americans
REQUIRED READING: Homeownership has been a key element of the American Dream, but unfortunately, that dream has never been equally shared by all...
And The Secret Ingredient Is…?
REQUIRED READING: I have become somewhat addicted to a television show: Food Network's 'Iron Chef America.' I believe the program's draw factor is...
Is Your Corporate Website Mobile-Ready?
REQUIRED READING: It is estimated that 90% of companies are either entirely ignoring or at least woefully lacking in mobile device support for...
A Servicer’s Choice: General Ledger Vs. Trust Accounting
REQUIRED READING: Loan servicers often assume that it is sufficient to have a general ledger accounting system to track loan payments received from...
To Outsource Or Not To Outsource?
REQUIRED READING: The old saying 'What goes around, comes around' is certainly true within the default servicing industry. Just as the housing market,...
Warehouse Lending Has A New Playing Field
REQUIRED READING: Warehouse funding is finally becoming more widely available in the mortgage industry. But lenders - many of which are new to...
How Limited Secondary Options Impact Wholesale Mortgage Bankers
REQUIRED READING: It is no secret that Bank of America's exit from correspondent lending last year left wholesale mortgage bankers with a limited...
What The FHFA Is Seeking In The REO-To-Rental Initiative
REQUIRED READING: The Federal Housing Finance Agency (FHFA) regulates Fannie Mae, Freddie Mac and the 12 Federal Home Loan Banks, which together support...
What If Borrowers Were Able To Choose Their Servicers?
REQUIRED READING: It is no secret that the mortgage servicing industry suffers from an unpopular reputation. In too many cases, consumers are fed...
Halting The Intentional Destruction Of Foreclosed Residential Property
REQUIRED READING: We have all heard just about enough foreclosure statistics - the numbers have been well publicized and speak for themselves. However,...
Charting The High-Tech Evolution Of Loan Portfolio Analysis
REQUIRED READING: In February, 49 states signed a deal with the five largest banks to settle legal action concerning foreclosures and defaults. As...
How FEMA’s Risk MAP Program Helps Multi-Hazard Risk Mitigation
REQUIRED READING: The Federal Emergency Management Agency (FEMA) has articulated a well-defined vision behind its new Risk Mapping, Assessment and Planning (Risk MAP)...
The Rural Housing Sector Remains Uncommonly Stable
REQUIRED READING: Citizens First Bank operates in five small communities in southwestern Wisconsin. The largest of the five is Sparta, with a population...